$SAND volume is 0.8x its weekly average and most traders are reading the chart wrong đ
Price is up 5.2 percent today but the volume tells me nobody cares about this green candle
Here is how you check that ratio in twenty seconds on your phone right now
Open the daily chart and look at the bottom bar where the volume lives
Compare today the bar height to the grey line running through the middle which is your seven day average
If the bar is shorter than that line your green move has no fuel behind it
That is why $SAND sitting right in the middle of today's range at 46 percent leaves me cold
Moves without volume usually fade right back to where they started
What is your number one rule for spotting fake pumps
#SAND #TradingTips
Price is up 5.2 percent today but the volume tells me nobody cares about this green candle
Here is how you check that ratio in twenty seconds on your phone right now
Open the daily chart and look at the bottom bar where the volume lives
Compare today the bar height to the grey line running through the middle which is your seven day average
If the bar is shorter than that line your green move has no fuel behind it
That is why $SAND sitting right in the middle of today's range at 46 percent leaves me cold
Moves without volume usually fade right back to where they started
What is your number one rule for spotting fake pumps
#SAND #TradingTips